Shares of One97 Communications, the parent company of payments aggregator Paytm, are trading with gains of 4% on Thursday, November 6, reacting to its second-quarter results reported after market hours on Tuesday.

The company reported a good set of numbers, scaling up with operational efficiencies, and said AI could emerge as a new revenue driver going forward.

Revenue increased sequentially across segments, though marketing services revenue declined due to the sale of its ticketing business in Q2FY25.

2QFY25 1QFY26 2QFY26 QoQ YoY Revenue 1,660 1,918 2,061 7.5% 24.2%

The contribution margin remained largely stable at 59% as against 60% in the previous quarter, while the EBITDA margin improved to 7% from 4%, supported by lower indirect expenses.

Management said effi

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